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Codie Sanchez

👤 Person
1229 total appearances

Appearances Over Time

Podcast Appearances

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

Absolutely not.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I'm working at a company, but I really want to focus on buying a small business.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

You should keep that income and take a small incremental risk that allows you to get to the next step.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I don't know if I can do both at once.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

Should I quit my job?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I was like, absolutely not.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

The hard work is like, yeah, why don't you work two jobs for a period?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

Absolutely not.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

You should keep that income and take a small incremental risk that allows you to get to the next step.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I'm not saying there's like a free lunch thing, but don't put yourself in a position where you're not able to feed your family or yourself.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

The hard work is like, yeah, why don't you work two jobs for a period?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I don't think that's necessary.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

Now, to their point,

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

There's something called the 80-20 rule, right?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I'm not saying there's like a free lunch thing, but don't put yourself in a position where you're not able to feed your family or yourself.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

Or Pareto's law, which is basically that 80% of your outcomes will come from the 20% of the things that you do and almost everything in life.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

I don't think that's necessary.

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

Now, to their point,

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

There's something called the 80-20 rule, right?

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
Codie Sanchez: How to Get Rich Buying a Business No One Wants | Entrepreneurship | YAPClassic

And so I do think they're right in that focus is critical.